What they are doing is not innovative. Their only chance is that if Sui goes well they will be driven up by the momentum, if Sui goes badly, then they are basically dead unless they move to another chain with more competitors possibly. Otherwise, instead of relying on Aave or Compound to list various tokens from the Sui chain, they can support the Sui ecosystem better and have more collateral pairs specific to the Sui ecosystem.
I wish their team was not anonymous. looks like they are not anonymous but a bit hard to get to their linkedin profile, are they trying to hide their identity?
For me, I'd try really hard to innovate on some specific mechanism instead of just copying other P2P services. Show Less